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Subject: Re: Trailing Stop % | Date: 2/16/2014 10:18 AM | |
Author: MurrayS | Number: 74274 of 87994 | |
I bought AAPL in '98 for a split adjusted $8/share. Having a trailing stock would have knocked me out at around $25/share or so in 2000. Same with NFLX a few years later. I think that would have been a bad move ;) Reasons for selling stock: 1. The reason you purchased the stock has changed/no longer applies. 2. The stock value has become too large of a percentage of your portfolio. 3. You have a better use for the money (investment, new car, etc.) I don't see trailing stops fitting any of those reasons. -murray |
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